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AP: Pakistan’s prime minister says Iran, US have reached peace deal; accord to cover Lebanon

Emirates Iran War Strait of Hormuz Photo courtesy of Associated Press (Associated Press)

Pakistan says the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since the war began.

Full details of the deal were not immediately available.

The signing will be Friday in Switzerland.

It is not clear how quickly the strait might reopen to all traffic. The U.S. previously said it would ease its blockade of Iranian ports as the strait reopens, and would agree to relax sanctions to allow Iran to sell more of its oil and strengthen its battered economy.

President Donald Trump has posted that “the Deal with the Islamic Republic of Iran is now complete” and says the Strait of Hormuz will open immediately.

“Congratulations to all!” he wrote on his social media site. “I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade.”

This is a developing story.

KIRO 7 will post updates as they become available.

This story was originally published by the Associated Press.

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